Chapter 11, Problem 10DQ

Explanation of Solution

Supply chain:

Supply chain is a system of activities, resource, people, organization and information involved in moving a service or product from supplier to customer. The activities of supply chain include the transformation of raw material, natural resources and components into a finished product that is delivered to the other customer.

Important component of supply chain:

There are three components of supply chain. They are:

• Upstream
• Internal
• Downstream

Upstream:

Production, suppliers, purchases are normally deal by the upstream supply chain...